Silk Road Medical Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Silk Road Medical, Inc. (SILK)
Last silk road medical, inc. earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
its devastating impact, today reported financial results for the three months ended March 31, 2024. “Our team delivered a strong start to 2024 as we deepened relationships with the physicians we serve and continued broadening our patient impact,” said Chas McKhann, CEO of Silk Road Medical. “In the first quarter, we made meaningful commercial progress while also taking steps toward sustainable profitability. We enter the second quarter feeling energized by TCAR's outstanding value proposition for physicians and patients and in our opportunity to drive strong, sustainable growth as a business.” First Quarter 2024 Financial Results Revenue for the first quarter of 2024 was $48.5 million, an increase of $8.4 million or 21%, compared to the first quarter of 2023. Growth was driven primarily by increased TCAR adoption. Gross profit for the first quarter of 2024 was $36.5 million compared to $27.6 million for the first quarter of 2023. Gross margin was 75% for the first quarter of 2
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News
- Silk Road Medical, Inc (NASDAQ:SILK) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Silk Road Medical, Inc (NASDAQ: SILK) had its price target raised by analysts at JPMorgan Chase & Co. from $19.00 to $21.00. They now have a "neutral" rating on the stock.MarketBeat
- Silk Road Medical, Inc (NASDAQ: SILK) had its price target raised by analysts at Piper Sandler from $18.00 to $20.00. They now have a "neutral" rating on the stock.MarketBeat
- Silk Road Medical Reports First Quarter 2024 Financial ResultsGlobeNewswire
- Silk Road Medical to Present at the BofA Securities 2024 Healthcare ConferenceGlobeNewswire
SILK
Earnings
- 4/30/24 - Beat
SILK
Sec Filings
- 5/7/24 - Form 10-Q
- 4/30/24 - Form 8-K
- 4/26/24 - Form ARS
- SILK's page on the SEC website